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GBP/USD posts modest gains above 1.3400 amid ongoing US government shutdown
The GBP/USD pair posts modest gains near 1.3405, snapping the two-day losing streak during the early Asian session on Thursday. The US Dollar (USD) softens against the Pound Sterling (GBP) amid concerns over a prolonged US government shutdown.
Fxstreet
Thu, Oct 9
BOJ will find another rate hike this year difficult, says ex-deputy governor
Wakatabe endorses BOJ's cautious policy normalisationBOJ can raise rates if economy improves, Wakatabe saysBOJ to struggle justifying another rate hike this yearWakatabe sees BOJ dropping no signs on rate-hike timingBy Leika Kihara and Takahiko Wada TOKYO, Oct 9 (Reuters) - The Bank of Japan ...Reuters
Thu, Oct 9
USD/JPY extends the rally above 152.50 on fiscal fears in Japan
The USD/JPY pair extends its upside to near 152.60, the highest since February, during the early Asian session on Thursday. The US Dollar (USD) edges higher against the Japanese Yen (JPY) despite US government shutdown concerns. The US weekly Initial Jobless Claims will be postponed again later onFxstreet
Thu, Oct 9
NZD/USD rebounds, eyes 0.5800 with bullish reversal signal in focus
The New Zealand Dollar trimmed some of its losses on Wednesday still finished the session with losses of over 0.20% after reaching a six-month low of 0.5737. Nevertheless, as it recovered and closed above 0.5750, the NZD/USD formed a ‘hammer,’ indicating that bulls outweighed bears.
Fxstreet
Wed, Oct 8
Crypto exchange Gemini launches Australian arm
SINGAPORE, Oct 9 (Reuters) - Cryptocurrency exchange Gemini said on Thursday it has launched an Australian operation as the firm expands into the country, offering its digital currency exchange services to tap into growing demand."We think that there's enough market opportunity for us to bui...Reuters
Wed, Oct 8
EUR/USD extends losses as German data and French political turmoil weigh
EUR/USD extends its losses for three straight consecutive days, down 0.32% as the US government shutdown extends, and the Federal Reserve’s last meeting minutes showed that officials remain cautious on inflation, despite easing policy.Fxstreet
Wed, Oct 8
FOREX-Yen weakest since mid-February on fiscal fears
Takaichi's election raises yen fiscal spending concernsEuro falls amid French political uncertaintyUS dollar benefits from lack of economic dataMany Fed policymakers remain wary of inflationBy Karen Brettell Oct 8 (Reuters) - The Japanese yen reached its weakest level since mid-February again...Reuters
Wed, Oct 8
CANADA FX DEBT-Canadian dollar sticks to sideways pattern ahead of key jobs report
Loonie dips 0.1% against the greenbackTrades in a range of 1.3932 to 1.3971Price of oil increases 1.5%Bond yields were little changed across the curveBy Fergal Smith TORONTO, Oct 8 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Wednesday but the move was limited as oi...Reuters
Wed, Oct 8
Emerging market portfolio inflows drop to $26 billion, lowest level since May, IIF says
By Rodrigo Campos NEW YORK, Oct 8 (Reuters) - Foreigners added just over $26 billion to their emerging markets debt and equity portfolios in September, the lowest since May, with the largest outflow from Chinese stocks since November, signaling investor apprehension toward EMs, according to a re...Reuters
Wed, Oct 8
GBP/JPY climbs to 205.00 as markets push back BoJ hike bets
The British Pound (GBP) continues to climb against the Japanese Yen (JPY) on Wednesday, with GBP/JPY extending its winning streak for a fourth consecutive day as the Yen remains broadly pressured in the wake of Sanae Takaichi’s victory in Japan’s ruling party leadership race.
Fxstreet
Wed, Oct 8
USD/CHF rises as US Dollar holds firm during shutdown, SNB rate cut speculation grows
USD/CHF pair strengthens on Wednesday, up 0.30% for the day to 0.8010 at the time of writing, its highest level for a month, as the US Dollar (USD) maintains a firm tone despite the prolonged US government shutdown.
Fxstreet
Wed, Oct 8
RPT-IMF's Georgieva says US data indicates some softening in economy
WASHINGTON, Oct 8 (Reuters) - Recent economic data indicates some softening in the U.S. economy, Kristalina Georgieva, managing director of the International Monetary Fund, said on Wednesday.Georgieva, speaking at an event hosted by the Milken Institute, said it was critical for the U.S. to work on ...Reuters
Wed, Oct 8
